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On April 16th, the blockchain music sales platform EVEN announced the completion of a $2.2 million seed round financing, led by CSA Partners, with angel investors such as gANGELS,

Introduction

On April 16th, the blockchain music sales platform EVEN announced the completion of a $2.2 million seed round financing, led by CSA Partners, with angel investors such as gANGELS, gener8tor, and Daniel Rotman and Adie Akuffo Afful participating. EVEN is currently in the testing stage, allowing artists to directly sell music works to fans, providing them with exclusive music content and experience. Each transaction will be recorded on the blockchain to enhance transparency. （globalvillagespace）

The blockchain music sales platform EVEN has completed a $2.2 million seed round financing

The music industry has been undergoing a transformation as a result of technological advancements. The blockchain technology is one of the latest inventions that aim to revolutionize the industry by enabling decentralized music sales. On April 16th, the blockchain music sales platform EVEN announced the completion of a $2.2 million seed round financing, which is a significant milestone towards achieving its goal of revolutionizing the music industry. This article explores the implications of EVEN’s seed round financing and how it contributes to the decentralization of music sales.
# What is EVEN?
EVEN is a blockchain music sales platform that aims to enable artists to sell their music works directly to fans. By using the blockchain technology, EVEN enhances the transparency of music sales, thereby reducing the role of intermediaries such as record labels and distributors. EVEN was founded by Roy LaManna and Quentin Griffith in 2017 and has since been in the testing stage.
# EVEN’s Seed Round Financing
On April 16th, EVEN announced the completion of a $2.2 million seed round financing, led by CSA Partners, with angel investors such as gANGELS, gener8tor, and Daniel Rotman and Adie Akuffo Afful participating. The seed round financing is a significant milestone for EVEN as it provides the necessary funding to develop and launch its platform in the market. The funding will also enable EVEN to expand its team and partnerships with artists and other stakeholders in the music industry.
# The Implications of EVEN’s Seed Round Financing
The completion of EVEN’s seed round financing has significant implications for the music industry, especially in the area of decentralized music sales. First, the funding enables EVEN to develop and launch its platform in the market, thus providing an alternative way for artists to sell their music works directly to fans. This move will enable artists to earn more revenue from their music sales and reduce their reliance on intermediaries such as record labels and distributors.
Second, EVEN’s use of the blockchain technology enhances transparency in music sales. Each transaction will be recorded on the blockchain, which will make it easier to track revenue streams and ensure that artists get their fair share of the revenue generated from their music sales. This move is a significant shift from the traditional music industry, where artists have little control over their revenue streams and rely on intermediaries to manage their music sales.
Third, EVEN’s seed round financing is a significant indication of the growing interest in blockchain-based music sales platforms. The music industry has been grappling with issues such as piracy, revenue sharing, and the need for transparency in music sales. The blockchain technology addresses these issues by enabling decentralized music sales, which provide artists with more control over their music sales and create a more transparent revenue-sharing model. EVEN’s seed round financing is evidence that investors are recognizing the potential of blockchain-based music sales platforms in solving these issues.
# Conclusion
EVEN’s completion of a $2.2 million seed round financing is a significant development in the music industry, especially in the area of decentralized music sales. The funding provides EVEN with the necessary resources to develop and launch its platform in the market, thus providing an alternative way for artists to sell their music works directly to fans. The use of the blockchain technology will enhance transparency in music sales and provide artists with more control over their revenue streams. Investors’ interest in EVEN’s seed round financing is an indication of the potential of blockchain-based music sales platforms in revolutionizing the music industry.
# FAQs
1. What is EVEN, and what does it aim to achieve?
EVEN is a blockchain music sales platform that aims to enable artists to sell their music works directly to fans, thereby reducing the role of intermediaries such as record labels and distributors.
2. What is the significance of EVEN’s seed round financing in the music industry?
EVEN’s seed round financing is a significant development as it provides the necessary funding to develop and launch its platform in the market. The funding will also enable EVEN to expand its team and partnerships with artists and other stakeholders in the music industry.
3. How does the blockchain technology enhance transparency in music sales?
The blockchain technology enhances transparency in music sales by recording each transaction on the blockchain, which makes it easier to track revenue streams and ensure that artists get their fair share of the revenue generated from their music sales.

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